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New unit CEO did twelve years across two stints at MS Amlin with break for LMG top post. 13 September 2022
Insurance
Reinsurers have a responsibility to their clients not to completely cut writing natural catastrophe business and instead to devise solutions for clients—but the pricing and structures of treaties must adjust to take in a new risk environment. 12 September 2022
Insurance
At an Intelligent Insurer roundtable in Monte Carlo, seven senior leaders from different parts of the industry debated how it innovates to maintain its relevance in a fast-changing world. 12 September 2022
Insurance
The rise of secondary perils that affect the property side of reinsurance is one trend that NewRe is watching closely, especially secondary perils driven by climate change-propelled events such as flood and hail. 12 September 2022
Insurance
As cedants grapple with a shrinking pool of available (and affordable) property-catastrophe capacity from traditional reinsurers, the importance of finding innovative ways to transfer that risk in other ways, such as into the capital markets, has become crucial as buyers plan their renewal. 12 September 2022
Insurance
Political violence hasn’t hardened alongside other classes of treaty reinsurance but, in the current environment, it could potentially soon enter a true hard market, Waleed Jabsheh, president of International General Insurance (IGI), told Intelligent Insurer. 12 September 2022
Insurance
After a period of intense hiring and expansion, Lockton Re says it is “well ahead” in its growth plans and is now able to be more choosy—in terms of hires and clients it wants to work with. 12 September 2022
Insurance
A hardening market in property-catastrophe reinsurance is a favourable environment for a risk-willing entity, but buyers must be prepared to negotiate tighter policy terms ahead of the January renewals, Joel Willens, head of international property reinsurance at Ariel Re, told Intelligent Insurer. 12 September 2022
Insurance
Bermuda remains well placed to help the industry solve challenges including a capacity crunch in property-cat business. That was the broad sentiment of nine industry leaders attending the annual Bermuda Roundtable in Monte Carlo, hosted by Bermuda:Re+ILS and sponsored by Aspen. 12 September 2022
Insurance
“The world is becoming a less global space in terms of mindset,” Jean-Jacques Henchoz, chief executive officer of Hannover Re, told a Monte Carlo conference as he discussed the current reinsurance market and risks related to the Ukraine war among other things. 12 September 2022
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